Pan Demic, Inc. $($PDI$)$ manufactures and sells cast iron skillets. A finished skillet sells for $$40$ and costs $$15$ to manufacture. PDI uses one raw material, iron ore, which is buys for $$8/$pound$.$ Skillet Forgers heat the iron ore and form it into skillets. Forgers are paid $$55/$hour$.$

Period $1$:

During the period, PDI purchased $$4,000$ of Iron Ore. At the end of the period, they had $$2,400$ of ore left in Raw Materials They used $120$ hours of direct labor and incurred $$12,000$ of Factory Overhead.

At the beginning of the period, PDI had $$3,000$ of costs in WIP and $$2,400$ of costs in Finished Goods.

Prepare the Schedule of Cost of Goods Sold for PDI.

Do not use dollar signs. Use whole numbers only $($no decimal places$)$

PDI Schedule of Cost of Goods Sold